Magic Johnson is getting back into the Los Angeles basketball scene in a big way.

The former Lakers great is part of a group buying the Los Angeles Sparks of the WNBA.

“We’re totally thrilled,” WNBA President Laurel Richie told The Associated Press. “When Magic chooses to enter into a partnership with a WNBA team, that’s a great thing. He’s a legend within basketball. He’s very knowledgeable about the game. He’s a larger-than-life personality. He’s an extremely successful business man. He cares about the community the way that the WNBA does.”

Johnson and Mark Walter teamed with a group of investors to buy baseball’s Los Angeles Dodgers in 2012 for a record $2.15 billion. It will be the same group owning the Sparks, minus Peter Guber, who owns a stake in the NBA’s Golden State Warriors.